NPM Founder Pens Post on "Returning to Real Life," Meme Token NPM Experiences Sudden 80%+ Price Drop

BlockBeats News, January 20th, NPM founder Isaac Z. Schlueter posted, "I'm going back to real life now. Have fun, crypto community, maybe it will still be around tomorrow." According to GMGN data, the BAGS ecosystem Meme token NPM experienced a sudden sharp drop, with a market cap plummeting from a high of $8.9 million to $800,000, a drop of over 80% in 1 hour, with a trading volume of $13.2 million in the first 5 hours of trading.

It is reported that the NPM token narrative pays homage to Isaac Z. Schlueter, founder of the world's largest package manager NPM, who is hailed as the "V God" of the programmer world.

BlockBeats reminds users that Meme coins often lack practical use cases, experience significant price fluctuations, and investments should be made with caution.